The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1887-09-15
INDIANAPOLIS MARKETS.
Trade Active and a Confident Feeling Per-
vsding Business Circles.

Trade Active and a Confident Feeling Per-
vading Business Circles.
INDIANAPoLIs. Sept IA.
Merchants in nearly all departments speak of
trade as being fully up to expectations and
confident feeling pervades business circles gen.
orally There is but little of sp eculative char
acter noticeable but a steady, strong tone to
trade. In prices to day there were but few fuct-
uations in values, and those mostly of an up
ward teadancy. Dry goods men never were
more busy at this season OF the year, and the
strong tone to prices in all lines of dry goods
makes it easy to effect sales. Grocers as well,
are very busy, and in the main there is firm
tone to prices.
AS for the coffee market, it is in the same
firm position that has been noted for some time,
except that there ia now excellent demand
from the consuming trade. The warehouse de-
iveries have increased of late, the average per
day from New York for the week being some
10000 bags This shows very plainly that the
country is at last taking coffee very
freely. This is the trade that has been looked
for for long time, and the market
coffees is still little quiet bnt there is rather
more business noted, including sales of spot
Padaugs at 25c. Saturdays New York dis
patches to the trade here gave the receipts of
coffee at Rio as 1000 bags, and at Santos 1000
bags. At the same time the average receipts at
Rio for the week will not go above 1000 bags.
The total stock at Rio is now about $685. 900 bags.
The sugar market is very firm The advance
last week almost a remarkable one and yet
thore Is a good deal of confidence expressed, and
the feeling is that though there may be fuctu-
ations of a small fraction. yet that the market
on refined graduated is not again going below
&c for some time at least. 1t is claimed that
raw sugars actually scarce Boston refners
have been obliged to buy in New York recently
for the want of sugars, and higher prices have
prevailed. Ending Sept. 10. the New York mar
ket is reported very firm, with offerings light.
The only sale noted for the week was that of
SO hhds, and 026 bags low-test cen:rifugais at
private terms 1t is certain that more
might have been sold, however, but for
the very light holdings and the firm position of
holders There is a better tone to the tea mar
ket. This may, in measure. be due to the bet
ter market for sugar, but at the same time there
is really better demand for tea. Provisions
continue firm at the recently revised quotations.
The produce markets are active. Everything in
the egetable line is il light supply and prices
range higher than for many years in the month
of September Eggs firm and coming in slowly
Poultry, well. has taken a frmer tone; re-
ceipts have fallen off somewhat OF late, while the
demand is on the increase. Butter in large sup
seed market is more active; prices steady and
firm on all kinds of seed now IN demand. In
other lines of goods there is nothing calling for
special mention.
The local markets to-day took on steadier
tone and a better feeling generally. which was
evidenced by the bidding Change There is
a good local demand for wheat. corn and oats
Receipts. com paratively speakng, light. Track
bids to-day ruled as follows: